| Feb'20 | Feb'19 | Feb'18 | Jan'17 | Jan'16 | Jan'15 | Jan'14 | Jan'13 | Jan'12 | Jan'11 | Jan'10 | Jan'09 | Jan'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||||
Net (loss) income | ||||||||||||
3,272 | 3,059 | 2,607 | 2,298 | 2,277 | 2,215 | 2,137 | 1,906 | 1,496 | 1,343 | 1,213 | 880 | 771 |
Adjustments to reconcile net (loss) income to cash (used in) provided by operating activities: | ||||||||||||
Depreciation and amortization | ||||||||||||
867 | 819 | 725 | 658 | 616 | 588 | 548 | 508 | 485 | 458 | 435 | 401 | 369 |
Assets of discontinued operations sold | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 31 | - |
Deferred income tax (benefit) provision | ||||||||||||
-6 | -88 | -137 | -5 | 31 | 102 | 52 | 13 | 144 | 50 | 53 | 132 | -101 |
Share-based compensation | ||||||||||||
124 | 103 | 101 | 102 | 94 | 88 | 76 | 64 | 64 | 58 | 55 | 51 | 57 |
Impairment of goodwill and other long-lived assets, related to Sierra | ||||||||||||
0 | 0 | 99 | 0 | - | - | - | - | - | - | - | - | - |
Loss on property disposals and impairment charges | ||||||||||||
-16 | -17 | -8 | -5 | -3 | -3 | -7 | -11 | -13 | 96 | 10 | 23 | 25 |
Pension settlement charge | ||||||||||||
0 | 36 | 0 | - | - | - | - | - | - | - | - | - | - |
Loss on early extinguishment of debt | ||||||||||||
- | - | - | -51 | - | -16 | - | - | - | - | - | - | - |
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | ||||||||||||
- | - | - | -31 | - | - | - | - | - | - | - | - | - |
Excess tax benefits from share-based compensation | ||||||||||||
- | - | - | 70 | 64 | 95 | 82 | 62 | 46 | 28 | 17 | 18 | -6 |
Changes in assets and liabilities: | ||||||||||||
Decrease (increase) in accounts receivable | ||||||||||||
42 | 23 | 62 | 23 | 27 | 9 | -11 | 18 | 4 | 23 | 1 | 8 | -25 |
(Increase) in merchandise inventories | ||||||||||||
296 | 465 | 450 | -11 | 506 | 332 | -35 | -27 | 187 | 211 | -147 | 68 | -112 |
(Increase) decrease in prepaid expenses and other current assets | ||||||||||||
51 | -236 | 317 | 9 | 40 | 8 | 3 | 53 | 20 | -0 | -21 | 118 | 2 |
(Decrease) in accounts payable | ||||||||||||
29 | 198 | 205 | 48 | 216 | 285 | -152 | 211 | -36 | 163 | 197 | -141 | 117 |
(Decrease) in accrued expenses and other liabilities | ||||||||||||
345 | 169 | 334 | 389 | 284 | 20 | -29 | 268 | 13 | 77 | 31 | -34 | 202 |
(Decrease) increase in income taxes payable | ||||||||||||
-128 | 40 | -94 | 146 | 68 | 144 | 10 | 176 | -3 | -11 | 152 | -10 | 37 |
Other, net | ||||||||||||
-63 | -15 | 5 | -7 | 3 | -12 | -12 | -1 | 3 | -2 | 26 | -34 | 36 |
Net cash provided by operating activities | ||||||||||||
4,066 | 4,088 | 3,025 | 3,626 | 2,956 | 3,008 | 2,600 | 3,055 | 1,916 | 1,976 | 2,271 | 1,154 | 1,374 |
Cash flows from investing activities: | ||||||||||||
Property additions | ||||||||||||
1,223 | 1,125 | 1,057 | 1,024 | 889 | 911 | 946 | 978 | 803 | 707 | 429 | 582 | 526 |
Investment in Familia | ||||||||||||
230 | 0 | 0 | - | - | - | - | - | - | - | - | - | - |
Purchase of investments | ||||||||||||
28 | 161 | 861 | 716 | 798 | 431 | 496 | 371 | - | - | - | - | - |
Proceeds to settle net investment hedges | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | -14 | 13 |
Purchase of short-term investments | ||||||||||||
- | - | - | - | - | - | - | - | 152 | 119 | 278 | - | - |
Sales and maturities of investments | ||||||||||||
12 | 636 | 906 | 529 | 681 | 388 | 394 | 218 | 132 | 180 | 153 | - | - |
Other | ||||||||||||
-7 | -26 | 0 | 2 | - | - | - | -34 | -11 | 1 | 5 | 0 | -0 |
Acquisition of Trade Secret | ||||||||||||
- | - | - | - | 57 | - | 2 | 190 | - | - | - | - | - |
Net cash (used in) investing activities | ||||||||||||
-1,461 | -623 | -1,012 | -1,214 | -1,063 | -954 | -1,045 | -1,286 | -811 | -647 | -560 | -568 | -539 |
Cash flows from financing activities: | ||||||||||||
Proceeds from long-term debt | ||||||||||||
- | - | - | 992 | - | 749 | 499 | - | - | - | 774 | - | - |
Cash payments for extinguishment of debt | ||||||||||||
- | - | - | 425 | - | 416 | - | - | - | - | - | - | - |
Principal payments on current portion of long-term debt | ||||||||||||
- | - | - | - | - | - | - | - | - | - | 393 | - | - |
Cash payments for debt issuance expenses | ||||||||||||
- | - | - | 9 | - | 6 | 4 | 1 | 2 | 3 | 7 | - | - |
Cash payments on build to suit leases | ||||||||||||
- | - | - | 0 | - | - | - | - | - | - | - | - | - |
Cash payments for rate lock agreement | ||||||||||||
- | - | - | 3 | - | 7 | 3 | - | - | - | - | - | - |
Cash payments on capital lease obligation | ||||||||||||
- | - | - | - | - | - | - | 1 | 2 | 2 | 2 | 2 | 1 |
Cash payments for repurchase of common stock | ||||||||||||
1,551 | 2,406 | 1,644 | 1,699 | 1,828 | 1,650 | 1,471 | 1,345 | 1,320 | 1,193 | 944 | 751 | 940 |
Excess tax benefits from share-based compensation | ||||||||||||
- | - | - | 70 | 64 | 95 | 82 | 62 | 46 | 28 | 17 | 18 | 6 |
Cash dividends paid | ||||||||||||
1,071 | 922 | 764 | 650 | 544 | 465 | 393 | 323 | 275 | 229 | 197 | 176 | 151 |
Proceeds from issuance of common stock | ||||||||||||
232 | 255 | 133 | 164 | 132 | 143 | 146 | 133 | 218 | 176 | 169 | 142 | 134 |
Cash payments of employee tax withholdings for performance based stock awards | ||||||||||||
23 | 16 | 19 | 24 | 19 | - | - | - | - | - | - | - | - |
Other | ||||||||||||
0 | -7 | -3 | - | - | - | - | - | - | - | - | - | - |
Net cash (used in) financing activities | ||||||||||||
-2,414 | -3,097 | -2,297 | -1,586 | -2,195 | -1,559 | -1,143 | -1,475 | -1,335 | -1,223 | -583 | -768 | -952 |
Effect of exchange rate changes on cash | ||||||||||||
-3 | -95 | 113 | 9 | -96 | -150 | -73 | 11 | -3 | 22 | 33 | -96 | -6 |
Net increase (decrease) in cash and cash equivalents | ||||||||||||
186 | 271 | -171 | 834 | -398 | 344 | 337 | 304 | -234 | 127 | 1,161 | -279 | -124 |